In the coming weeks and months, the continued metamorphosis of land uses along Cleveland’s West Shoreway from industrial to residential will yield some new features that will show just how much Cleveland is changing. Several projects along the Shoreway-turned-Edgewater Parkway will be under way at roughly the same time and offer some lofty symbols about Clevelanders’ evolving regard for its often-ignored lakefront.
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Cleveland Browns owners Dee and Jimmy Haslam, Cleveland Mayor Justin Bibb and Berea Mayor Cyril Kleem, Cuyahoga County Executive Chris Ronayne and others are due to make one or more big announcements starting next week that will include the lakefront football stadium, the Browns’ Berea campus, mixed-use developments around both plus a relocated Shoreway. The announcements will be about changes intended to activate the downtown lakefront by the end of this decade in ways it hasn’t been since the 1930s and to create a year-round fan-friendly village around the team’s suburban headquarters and practice facility, according to two sources familiar with the developments.
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Last September, construction crews in Cleveland’s University Circle appeared to be close to topping off a cast-in-place concrete podium within which a new, two-story Martin Luther King Jr. Branch Library will be built and, on top of that a nine-story apartment building will rise. In the seven months since, one full story has been added to the podium. And, according to the project’s development team, you won’t see new stories added above it until mid-summer. By just about anyone’s book, that’s a long time getting through a story.
Read MoreLibrary Lofts: on time despite appearances Read More »
To cover rising construction costs resulting from inflation and other pandemic-related disruptions, the U.S. Department of Housing and Urban Development (HUD) has awarded $10 million to the Cuyahoga Metropolitan Housing Authority (CMHA) and the City of Cleveland for the Woodhill Homes Transformation Plan. The funding is from a Choice Neighborhoods Supplemental Funding Grant to further support the development of replacement housing in Cleveland’s Buckeye-Woodhill neighborhood. HUD awarded similar funds to 15 other current Choice Neighborhoods Implementation Grantees to address their pandemic-related disruptions as well.
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For more than two years, a planned high-rise at the west end of the Detroit-Superior Bridge in Cleveland’s Ohio City neighborhood has sought public funding to fill a financing gap. After missing out twice on tax credits from a statewide program, the developers looked closer to home and found the resources to start and finish construction. This week, the developers united under Bridgeworks LLC were awarded the final pieces of the fiscal puzzle to the $108 million project, allowing them to start work in June, they said.
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Newmark, one of the world’s leading real estate services firms, issued its first quarter 2023 (23Q1) office market report for Greater Cleveland today and it continues to show a worsening situation in the region’s office sector. While only one submarket within Greater Cleveland showed an increase in office occupancies, none are taking it on the chin more than the central business district (CBD), its retailers, restaurants and transportation providers. But that data may have been disproportionately affected by a major deal.
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Treo, named for where Tremont meets Ohio City, is the first of the big, market-rate apartment buildings to come to this no-man’s land part of town. Built on the site of a former auto repair and scrap yard business along a lesser-traveled section of West 25th Street, Treo’s first resident moved into the 171-unit property last week as construction work is substantially completed.
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The owners of the Cleveland Browns are trying to keep up with the Jones’. And the Kroenkes, Spanos’ and Wilfs, too. To do that means upgrading the Browns’ football facilities. But that isn’t limited to their downtown Cleveland stadium where the team plays games each Sunday in the Fall. News has been reported for a couple of years by local media outlets that the Browns and their owners the Haslam Sports Group want to expand the pro football team’s practice facilities in the Cleveland suburb of Berea. But what hasn’t been reported until now is the scale and scope of that expansion. According to sources close to the Browns and the Haslams who spoke to NEOtrans on the condition of anonymity, the expansion is may include a hotel, restaurants, shops, conference facilities, plus indoor and outdoor fields with thousands of seats for spectators.
Read MoreHaslams envision glitzy new Berea future Read More »
Seven high-profile properties along a short section of Broadway Avenue in Cleveland’s Slavic Village have hit the market after years of inactive ownership by a Columbus-based real estate firm. All of the properties except one which is an empty lot, have historic but vacant buildings on them. But the offerings are not publicly listed as available for sale by ME Real Estate.
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Cuyahoga County’s Department of Public Works this week issued a request for proposals from building owners and real estate brokers who can accommodate the requirements of a proposed consolidation of operations by the Cuyahoga County Board of Elections (BOE) into a new location. For decades, the BOE’s main offices have been located at 2925 Euclid Ave. in Cleveland’s Midtown neighborhood. But it also has two other locations that, in total, equal the size of their main offices and could be consolidated into a new, accessible location by year’s end, county officials said.
Read MoreBoard of Elections is moving out Read More »
